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US Fed chair Jerome Powell backs cautious path on rates

The head of the US Federal Reserve says gradual interest rate rises remain the best policy.

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Longtime Trump Organization CFO Weisselberg granted immunity in Cohen probe

Allen Weisselberg was subpoenaed by prosecutors earlier this year to testify before a grand jury as part of the probe.

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Powell sees ‘further, gradual’ rate hikes as the economy hums

Federal Reserve Chairman Jerome Powell says he expects a slow but steady diet of interest rate increases to continue as the central bank looks to find the right recipe between promoting growth and controlling excesses.

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Why trade row could hit cost of drinks in China

China’s tariffs on US sorghum imports could boost the cost of one of its favourite drinks, baijiu.

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Huawei lashes out at Australia’s ‘politically motivated’ ban on 5G products

Huawei and ZTE were blocked from rolling out 5G technology in Australia over national security concerns.

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Brexit: Conservative anger at Philip Hammond’s ‘dodgy project fear’

Conservative MPs attack chancellor’s warning about the economic risks of a “no-deal” exit.

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LOL! Procter & Gamble wants to trademark LOL

The household products company P&G may want to overhaul its brand portfolio to clean up with millennials.

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Belgium shop fined for discriminating against male job-seeker

A Belgian man gets damages after a clothes shop told him it wanted a woman stock manager.

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No amount of alcohol is safe, health experts warn

So much for a glass of wine a day for your health’s sake — all alcohol consumption is damaging, according to a report from The Lancet medical journal.

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Fed’s James Bullard says he would ‘stand pat’ on rates for rest of the year

St. Louis Federal Reserve President James Bullard is cautious about hiking rates again this year.